KY
Knox
Flat Lick
40935
2950 State Hwy 223
2950 State Hwy 223, Flat Lick, KY 40935
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
35
$550,000

Home Details for 2950 State Hwy 223

Price
$550,000
Type
Commercial Sale
Square feet
2240
Year built
1985
Lot size acres
0.589
County
Knox
Basement
Unfinished
MLS Listing#
26007583
Property Description

Prime Commercial/Residential Opportunity with Established Income Potential This versatile property offers a unique opportunity for both commercial and residential use, situated on approximately 0.589 acres (per survey) in a highly desirable, high-visibility location. The property features a 3,200 square foot building that was previously operated as a country store, along with a 3,200 square foot unfinished basement, providing substantial additional space for storage, expansion, or future development. In addition to retail use, the building has also previously operated as a deli-style restaurant, offering even greater flexibility for future business ventures. All existing contents will convey with the sale, providing added value and convenience for the next owner. A portion of the building, approximately 960 square feet, is currently leased to the United States Postal Service, creating an immediate and reliable income stream. The remaining space presents excellent potential for retail, restaurant, office use, or redevelopment based on your business vision. The property is equipped with three gas pumps and one diesel pump, making it well-suited for continued convenience store operations or fuel service. Additionally, an easement is in place to allow for access and turning into the parking area, ensuring ease of entry and traffic flow. The septic system is located on an adjoining property, with a legally granted easement in place for its use, providing peace of mind and continued functionality. Positioned on a corner lot, this property offers additional development potential, including space suitable for constructing another building for storage, rental income, or an additional business venture. With its strategic location, established infrastructure, multiple use possibilities—including prior retail and restaurant operations—and existing income-producing tenant, this is truly a prime investment property with strong potential for growth and profitability.

Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Phone Available
    • Water Available
  • Parking
    • On Site
    • Paved
  • Cooling Information
    • Electric
  • Heating Information
    • Natural Gas
  • Basement
    • Unfinished
Listing Courtesy: WEICHERT REALTORS - Ford Brothers - 606-878-7112
Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than EXIT Realty, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright ©2026 Bluegrass REALTORS®. All Rights Reserved.
Last Updated: 2026-04-15 08:00:14
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Lexington-Bluegrass Association of Realtors.
EXIT REALTY CRUTCHER
60 Devils Hollow Rd, Frankfort, KY 40601
Kenny Hawkins
License #: 215465
Sales Representative
Office
502 783 6060
Agent
502 680 6195
Request more details
Code: